Verizon Argues Spectrum Case Despite Low 4G Uptake
Verizon Wireless filed documents with the Federal Communications Commission last week explaining the necessity of its planned AWS spectrum purchases from four cable companies. "Despite the company's significant investment in network efficiencies, skyrocketing demand will overtake its 4G LTE capacity absent additional spectrum resources, which it needs to secure now given that it faces spectrum constraints in its network in some areas as early as 2013 and in many more by 2015," said the company. Verizon is looking to nab 122 AWS spectrum licenses from Comcast, Time Warner Cable, Bright House Networks and Cox Communications, for which it intends to pay $3.9 billion in total. Several organizations have filed lawsuits opposing the acquisition, citing potential anti-trust concerns. Verizon Wireless CTO Fran Shammo, however, presented a different story to investors last week. Shammo said that only 5% of Verizon Wireless's customers have made the switch to LTE 4G devices, and 95% have remained 3G-only customers. Convincing customers to adopt 4G "is very critical for us, and we're playing a very delicate balancing act here that I don't want to spend any more money on my 3G network," said Shammo. Verizon is currently offering twice the LTE 4G data per month to smartphone customers. The FCC is preparing to review Verizon's requested spectrum purchases.
Verizon Might Skip 600MHz Incentive Auction
Verizon Wireless said it is comfortable with its spectrum holdings at the moment and may not bid in next year's auction for 600MHz airwaves. Verizon is only using 40% of its licensed spectrum for LTE, which gives it plenty of room to add capacity.
FCC Awards Spectrum Licenses to AWS-3 Bidders
The FCC today officially granted some winning bidders in the AWS-3 spectrum auction the licenses allowing them to take ownership of the airwaves. The AWS-3 spectrum auction concluded earlier this year, with AT&T, Dish Networks, T-Mobile, and Verizon Wireless the top four bidders.
Verizon's Sponsored Video Content Goes Live This Week
Verizon Wireless customers will be able to watch go90 video content for free beginning this week, according to CFO Fran Shammo. Verizon first said it would zero-rate the go90 video content early last month thanks to support from its FreeBee Data 360 sponsored data service.
Verizon's Mobile Video Offering to Be Partially Supported
Verizon Wireless is preparing to release an over-the-top mobile video service this summer and it will be supported by sponsored data. This means Verizon's wireless customers will be able to enjoy at least some of the programming without it counting against their monthly data bundle.
We need spectrum because we see congestion in the future......
Verizon Wireless today announced HomeFusion Broadband, a new mobile data service that is delivered to residences via its LTE 4G network.
Couple that with their push with netflix....
This is just laughable.